PPP Loan information for Sam adams motors llc

$32,553

Sam adams motors llc was initially approved for PPP Loan of amount $32,553, the current approved amount is $32,553. The loan was approved on 03/27/2021 by The ChoiceOne Bank reported 2 jobs and $32,553 was used to fund payroll.

Sam adams motors llc is Existing or more than 2 years old

PPP Loan Search / MI / Cedar Springs / Sam adams motors llc

SAM ADAMS MOTORS LLC

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAM ADAMS MOTORS LLC

Borrower Address

2365 17 Mile Rd NE

Borrower City

Cedar Springs

Borrower State

MI

Borrower Zip

49319-9430

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32552.50

Current Approval Amount

32552.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Springs

Project County Name

KENT

Project State

MI

Project Zip

49319-9430

CD

MI-02

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32548.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32709.47

Forgiveness Date

09/29/2021

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